How to buy United Malt (UMG) shares
Learn how to easily invest in United Malt shares.
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United Malt Group Limited is a beverages-brewers business based in Australia. United Malt shares (UMG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. United Malt has a trailing 12-month revenue of around $1.2 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in United Malt
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for United Malt. Find the share by name or ticker symbol: UMG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until United Malt reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of United Malt. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
United Malt stock price (ASX:UMG)Use our graph to track the performance of UMG stocks over time.
United Malt shares at a glance
|52-week range||$3.5138 - $4.76|
|50-day moving average||$4.3872|
|200-day moving average||$4.348|
|Dividend yield||$0.059 (1.4%)|
|Earnings per share (TTM)||$0.136|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy United Malt stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
United Malt price performance over time
|1 week (2021-09-15)||-2.65%|
|1 month (2021-08-20)||-8.60%|
|3 months (2021-06-23)||-9.62%|
|6 months (2021-03-23)||-3.12%|
|1 year (2020-09-22)||-3.12%|
Is United Malt under- or over-valued?
Valuing United Malt stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of United Malt's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
United Malt's P/E ratio
United Malt's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, United Malt shares trade at around 30x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
United Malt's EBITDA
United Malt's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $121.1 million (£0.0 million).
The EBITDA is a measure of a United Malt's overall financial performance and is widely used to measure a its profitability.
United Malt financials
|Revenue TTM||$1.2 billion|
|Operating margin TTM||6.25%|
|Gross profit TTM||$316.6 million|
|Return on assets TTM||3.24%|
|Return on equity TTM||6.31%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
United Malt share dividends
Dividend payout ratio: 1.48% of net profits
Recently United Malt has paid out, on average, around 1.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.95% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), United Malt shareholders could enjoy a 0.95% return on their shares, in the form of dividend payments. In United Malt's case, that would currently equate to about A$0.059 per share.
While United Malt's payout ratio might seem low, this can signify that United Malt is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 June 2021 (the "ex-dividend date").
United Malt overview
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and other users in North America, the United Kingdom, Australia, and Asia. The company operates through Processing and Warehouse & Distribution segments. It is also involved in the distribution and sale of malt, hops, yeast, adjuncts and related products to craft brewers. The company was incorporated in 2009 and is headquartered in Vancouver, Washington. United Malt Group Limited is a subsidiary of GrainCorp Limited.
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